The Fair Debt Collection Practice Act: Hearing Before the Subcommittee on Consumer Affairs and Coinage of the Committee on Banking, Finance, and Urban Affairs, House of Representatives, One Hundred Second Congress, Second Session, September 10, 1992 |
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Common terms and phrases
action AFFAIRS AND COINAGE alleged attorney general's office attorney's fees bad checks bank bankruptcy believe bill collectors Chairman TORRES Clauss collect a debt collection activities collection industry Collection Practices Act communication companies CONG CONGRESS THE LIBRARY consumer credit industry consumer debt consumer's court credit bureaus credit card credit grantors credit outstanding creditors damages debt collection agencies debt collection complaints Debt Collection Practices debtors disclosure dispute enforcement F.Supp Fair Debt Collection FDCPA Federal Trade Commission garnish harassment households Hurlbutt in-house collectors income issue Jones Lakes Collection Bureau lawsuits lenders LIBRARY OF CONGRESS licensing litigation loans MBNA MCCANDLESS MEDINE mortgage NCLC neighbors notice number of complaints payment penalties percent Polk County problem profits prohibited received regulations Scott Harshbarger statement statute statutory damages SUBCOMMITTEE ON CONSUMER sumer tactics telephone testimony Texas Thank third party threats told Tri-State violations
Popular passages
Page 108 - The views expressed in this statement represent the views of the Commission. My oral presentation and responses to questions are my own and do not necessarily represent the views of the Commission or any Commissioner.
Page 184 - ... that the debt collector is attempting to collect a debt and that any information obtained will be used for that purpose...
Page 192 - ... days after receipt of the notice, disputes the validity of the debt, or any portion thereof, the debt will be assumed to be valid by the debt collector...
Page 208 - ... (7) The false representation or implication that the consumer committed any crime or other conduct in order to disgrace the consumer. (8) Communicating or threatening to communicate to any person credit information which is known or which should be known to be false, including the failure to communicate that a disputed debt is disputed. (9) The use or distribution of any written communication which simulates or is falsely represented to be a document authorized, issued, or approved by any court,...
Page 218 - Commission, notwithstanding that such rule or regulation may, after such act or omission, be amended or rescinded or be determined by judicial or other authority to be invalid for any reason.
Page 192 - ... the debt collector will obtain verification of the debt or a copy of a judgment against the consumer and a copy of such...
Page 187 - The term does not include — (A) any officer or employee of a creditor while, in the name of the creditor, collecting debts for such creditor; (B) any person while acting as a debt collector for another person, both of whom are related by common ownership or affiliated by corporate control, if the person acting as a debt collector does so only for persons to whom it is so related or...
Page 204 - The business of insurance, and every person engaged therein, shall be subject to the laws of the several States which relate to the regulation or taxation of such business.
Page 205 - ... obligation) unless such amount is expressly authorized by the agreement creating the debt or permitted by law. (2) The acceptance by a debt collector from any person of a check or other payment instrument postdated by more than five days unless such person is notified in writing of the debt collector's intent to deposit such check or instrument not more than ten nor less than three business days prior to such deposit. (3) The solicitation by a debt collector of any postdated check or other postdated...
Page 97 - Rahall, and members of the Committee, thank you for your invitation to testify today. On behalf of the...